House & Home
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Published in House and Home on Monday, January 26th 2009 at 13:19 GMT, Last Modified on 2009-01-26 13:19:45 by Market WireRICHMOND, Va.--([ BUSINESS WIRE ])--MeadWestvaco Corporation (NYSE: MWV) announced today it will discontinue its MWV Calmar pump and dispensing manufacturing and distribution operations located in Washington Court House, Ohio. This action is part of the company's accelerated strategic cost management program, announced January 15, to reduce its overhead cost structure, optimize its manufacturing footprint and realize sourcing savings throughout its supply chain.
The Washington Court House facility manufactures dispensers for the personal care and beauty industry. The company is consolidating production and equipment from Washington Court House to its San Luis Potosi, Mexico, plant, which is more seamlessly scalable and features more advanced production equipment and processes. The company's capacity to supply these products will not be affected. The transition is expected to be completed by the end of 2009. A small component manufacturing presence will be maintained at Washington Court House.
The closure of the Washington Court House plant will impact approximately 278 hourly and salaried employees. Affected salaried employees will be eligible for separation benefits in accordance with company policy. Separation benefits for hourly employees will be the subject of discussion with their union representative.
About MWV
MeadWestvaco Corporation (NYSE: MWV), provides packaging solutions to many of the world's most-admired brands in the healthcare, personal and beauty care, food, beverage, media and entertainment, and home and garden industries. The company's businesses include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company's land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 22,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fifth consecutive year. For more information, please visit [ www.mwv.com ].
